Accounting Solutions

This information was gathered from the HMRC website and is being put here so that our client may receive accurate pension guidance . However, if you want any further information, please contact our office at:.. You can utilize Pension Schemes Online if you are one of the following: scheme administrator practitioner chosen by a scheme administrator Some duties, such as registering a pension scheme or changing the administrator of a pension system, cannot be performed by a practitioner. If you're the scheme administrator, you're in charge of ensuring that the tax regulations are followed and that any taxes owing are paid. You can designate a practitioner to oversee the scheme's day-to-day operations, but they must already be registered on the web site for you to do so. The scheme administrator must approve the substance of any reports provided to HM Revenue and Customs by the practitioner (HMRC).